This paper examines the impacts of dividend policy and ownership structure on stock price volatility in the Vietnamese market. The study also tests for the moderating effect of foreign/state ownership on the dividend policy–price volatility relation. The authors use a comprehensive panel...

Purpose: This paper aims to investigate whether firm ownership can explain the ERM adoption. In particular, we examine the relationships between the presence of large controlling shareholders, multiple blockholders and a dual-class share mechanism, and ERM. ERM best practices are regarded as...

Using a linear model, previous studies on the ownership concentration-firm performance nexus have produced inconsistent empirical findings and found no consensus concerning the measure of agency conflict control mechanism. Using a non-monotonic model and a combination of agency conflict control...

By eliminating the influence of statistical noise, stochastic frontier techniques permit the estimation of the best-practice value of a firmś investment opportunities and the magnitude of a firmś systematic failure to achieve its best-practice market value - a gauge of the magnitude of agency...

We investigated racial/ethnic differences in high return investment ownership using the 2010 Survey of Consumer Finances (SCF). Logistic regression analysis shows that even after controlling for income, risk tolerance, education, and other factors, Black and Hispanic households are less likely...

The racial/ethnic disparities of risky asset ownership were investigated. In the 2004 and 2007 Survey of Consumer Finances datasets, 30% of Hispanic, 36% of Black, and 65% of White households had high return investments such as stocks, investment real estate, or private business assets. Logistic...

The racial/ethnic disparities of risky asset ownership were investigated. In the 2004 and 2007 Survey of Con- sumer Finances datasets, 30% of Hispanic, 36% of Black, and 65% of White households had high return invest- ments such as stocks, investment real estate, or private business assets....